Powering the Blockchain Revolution with Renewable Energy

The blockchain revolution, despite its massive successes, has had a number of adverse effects on the environment stemming from the high amount of electricity blockchain mining consumes.

Many cryptocurrencies are created and maintained through the decentralized mining process, so finding a scalable solution to blockchain's energy problem is an inevitability that miners and blockchain enthusiasts must deal with if the blockchain revolution is to continue.

Enter Bitminer Factory, a blockchain project committed to developing clean and renewable energy solutions for cheaper and more environmentally friendly Blockchain mining.

The use of renewable energy to supply the consumption needs of the growing Blockchain ecosystem has become inevitable to guarantee the sustainability of mining activities and the blockchain as a whole.

Most stakeholders are still yet to integrate renewable energy sources and enabling technologies, such as solar and wind power with storage, into their energy management programs, and the first to do so will inevitably pull ahead of their competition/.

Bitminer Factory has pledged and is committed to using clean and renewable energy sources, for its mining operations.

Reuse of otherwise-wasted energy: Energy plants all over the world, either renewable or not, often have energy left that is not used and goes to waste.

Diversification through renewable energy asset ownership: The Bitminer team, plans to invest directly in the construction of solar hydroelectric power plants if 30% of the amount raised through the ICO exceeds $20M. This should enable Bitminer Factory to achieve their goal of being powered by 100% clean and renewable energy for their mining equipment.

The company already has in place the technical know-how and a highly experienced team with over 1,000MW of renewable energy projects and 1,000 miners up and running.

31st July 2018: Delivery of the 1st mining unit, for the project, powered by renewable and clean energy.